empty
 
 
07.11.2018 09:33 AM
Forecast for EUR / USD for November 7, 2018

EUR / USD

So this morning, the final results of the elections to the US Congress will be known. They began with the increased optimism of the Democrats as the preliminary surveys of consulting agencies predicted a victory for them. And even the dollar that weakened under this PR by 0.11%. Euro rose 18 points.

But by this morning, the Democrats' confidence had spread. Democrats are currently winning the Lower House of Congress with a slight advantage: 182 seats against 170 with the Republicans. However, Republicans win the Senate elections with 51 against 43 and lead in the governor's office: 22 against 19. Donald Trump has termed "terrific success."

The final results will be known in a few hours. But for now, the scenario of reversing the tendency to strengthen the dollar without speculative movements, which we discussed in the previous reviews, can be realized.

This image is no longer relevant

On the daily chart, the price reached the nested line of the price channel. The Marlin oscillator line touched the border with the growth zone of the trend. The objective is 1.1300 and the next is 1.1200. This is our main scenario.

Nevertheless, the exit of the price to 1.1520. can take place even exclusively by speculative mechanisms. The reason can be found.

This image is no longer relevant

On the four-hour chart, the Marlin oscillator signal line slowed down. In case of price reduction, a reversal divergence may form. On the launch of a lowering scenario, you can only talk when the price of this line is 1.1380 which is below the Krusenstern line on this scale.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback